Listing photo for 103 Carolina St, Dewey Beach, DE

103 Carolina St,

Dewey Beach, DE $2,017,501

$2,017,501

Bed: 4
Bath: 3½
Acre: 0.11

Fabulous Location in Rehoboth-by-the-Sea (North Dewey)! Just one block to the ocean, this home was rebuilt by the owner from the ground up in 2018 and was used as a year-round residence. Don’t miss out on this one-of-a-kind, Mid-Century-style beach home with its Coastal California flair and vibe. Boasting more upgrades than you will likely ever find in the “windjammer” model, including new windows, doors, roof, flooring, baths, kitchen, custom woodwork, etc. You can move right in and start enjoying family gatherings or rental income that exceeds most standards. Designed with comfort and style in mind, it features a stunning open floor plan (26x25), original pine heart floors, vaulted 12-foot exposed Cypress beam ceilings, and skylights. The chef's kitchen is equipped with granite countertops, stainless steel appliances, a gas stove, and an extra beverage refrigerator. With walls of glass that fill the space with natural light, this sophisticated coastal cottage-style vacation home promises to create unforgettable family memories. The home comfortably accommodates 10 guests in 4 bedrooms. The master bedroom features 10-foot ceilings, an ensuite bath and a large walk-in closet; a second primary suite features another ensuite bath. The Remaining bedrooms include a “kids” room with bunk and queen bed and a king room with ensuite half bath. Three of the bedrooms are located in the new addition added to the rear of the home in 2018. Outside the master bedroom, there’s a private patio area for quiet escapes, full privacy fencing your pup, along with a private outdoor shower. Nestled on a beautifully landscaped and irrigated lot, the home features a spacious 12x26 front deck with both seating and dining areas for alfresco enjoyment. There are full architecture plans (attached) for 12x 28 front screened porch with gas fireplace, living and dining areas. Additionally, there's a small landscaped yard on the west side where you can soak up the afternoon sun on lounge chairs, enjoying the soothing sounds of a water fountain amidst a tropical-inspired landscape. The outdoor areas are adorned with overhead string lights that create a warm evening glow, perfect for family gatherings. The property has a remaining 52-year land lease and is being sold turnkey, with $111,000 in 2025 rentals already booked. The projected income for 2025 is up to$180,000. Summer rent is $10,000/week – rent 2.5 weeks and pay your entire annual land lease! This coveted Rehoboth-by-the-Sea location in North Dewey is just a short stroll from the beach and the picturesque Silver Lake area, as well as all the attractions that Dewey and Rehoboth have to offer. Very few of these homes ever come on the market in North Dewey and the upgrades and attention to detail make this home an extraordinarily special resort retreat.

Facts & Features
MLS® # DESU2073330
Price $2,017,501
Bedrooms 4
Bathrooms 3.50
Full Baths 3
Half Baths 1
Acres 0.11
Year Built 1964
Type Single Family
Sub-Type Detached
Style Coastal, Cottage, Mid-Century Modern
Status Closed
Community Information
Address 103 Carolina St
Area Lewes Rehoboth Hundred (31009)
Subdivision REHOBOTH BY THE SEA
City Dewey Beach
County SUSSEX-DE
State DE
Zip Code 19971
Within City Limits Yes
Sussex Delaware Quadrant East of Rt 1
Amenities
Is Waterfront No
Interior
Heating Heat Pump - Electric BackUp, Central
Cooling Heat Pump(s), Central A/C
Fireplace No
# of Stories 1
Stories 1 Story
Has Basement No
Exterior
Exterior Vinyl Siding, Wood
Foundation Crawl Space
School Information
District CAPE HENLOPEN
Elementary REHOBOTH
Middle BEACON
High CAPE HENLOPEN
Additional Information
Date Listed October 26th, 2024
Days on Market 54
Zoning RN
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Office Monument Sotheby's International Realty